Dominic Hannigan (Meath East, Labour)
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Question 104: To ask the Minister for Finance the reason he paid the IBEC membership fee for Anglo Irish Bank in the years 2007, 2008, 2009, 2010 and 2011; and if he will make a statement on the matter. [12786/11]

Michael Noonan (Limerick City, Fine Gael)
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I have paid no fees to IBEC in respect of Anglo Irish Bank. As the Deputy is aware, the day to day running of the bank is a matter for the Board of Anglo Irish Bank. This includes matters in respect of representation and training requirements for its staff. Prior to and after nationalisation, the membership of and fees paid to IBEC, to which the Deputy refers, are a matter for the board of Anglo Irish Bank.